Britannia and The Co-operative Bank launch new deals

The highlights of the new variable range include a market-leading rate three-year tracker with a rate of 2.49 per cent and an arrangement fee of £999.
However, for customers looking for a variable rate but also protection against potential future rate rises, there is also a new five-year capped-rate mortgage available at up to 85 per cent LTV – the only five-year product of its kind on the market.
John Hughes, business leader for retail products comments: "These competitively priced variable rate mortgages offer customers an opportunity to take advantage of the current low interest rate environment and follow on from the recent launch of our best buy fixed rate products.
"The five-year capped product is innovative in the current mortgage market, offering customers the best of both worlds – a low current rate and also the reassurance that their payments won’t go above a certain rate for the next five years.
"Our new mortgage range now has a variety of competitively priced products to suit differing customer needs, backed by a high levels of customer service, and accessibility to the range through more than 300 branches, online and on the telephone."